Block Chain Technology

BLOCK CHAIN
TECHNOLOGY
NAME OF THE STUDENT
NAME OF THE UNIVERSITY
AUTHOR NOTE

BLOCK CHAIN TECHNOLOGY
 Referred to as emerging records list in the
form of blocks (Crosby et al., 2016).
 These particular blocks are then connected
with the utilization of cryptography.
 These blocks comprises of several hashes of
cryptography which in turn are related with
the previous block.

APPLICATION OF DOCUMENTATION IN
MARITIME INDUSTRY
 Maritime industry could possess several
operational modes with the utilization of
the technology of block chain.
 Helpful for both traceability and
transparency which are an essential part of
the maritime industry.
 Leads to lesser paper work amount along
with saving of the total costs.